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Whitestone REIT Announces Q4 2024 Dividend Details

Whitestone REIT Announces Q4 2024 Dividend Details

Whitestone REIT Declares Fourth Quarter 2024 Dividend

Whitestone REIT (NYSE: WSR) has announced an appealing cash dividend for its shareholders, showcasing the company's commitment to providing returns. For the fourth quarter of 2024, the Board of Trustees has set a monthly cash dividend of $0.04125 per share, which totals to a quarterly dividend of $0.12375 per share or an annualized amount of $0.495 per share.

Dividend Distribution Timeline

The dividend distributions for the fourth quarter of 2024 are planned as follows:

Monthly Breakdown

October 2024: The record date is October 2, with payments scheduled for October 10, distributing $0.04125 per share.
November 2024: Shareholders must ensure their records are updated by November 4 for payments on November 14, also at $0.04125 per share.
December 2024: The record date for December payments is December 3, with payments occurring on December 12, maintaining the $0.04125 per share distribution.

About Whitestone REIT

Whitestone REIT is focused on community-oriented real estate investment, owning and managing open-air retail centers that cater to the needs of local residents. With strategic locations in thriving markets such as Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio, Whitestone aims to create environments that enhance convenience for communities.

Community-Centric Strategy

The trust carefully curates its tenant mix to include service-oriented businesses. This encompasses restaurants, grocery stores, fitness centers, financial service providers, educational institutions, and entertainment venues, all of which contribute to the vitality of the communities they serve. The company’s strong relationships with its tenants are crucial to its operational success and acquisition strategies.

Investor Relations and Contact Details

For those seeking more comprehensive information about Whitestone REIT, including updates on financial performance and strategic initiatives, please contact the Investor Relations team:

David Mordy
Director of Investor Relations
Whitestone REIT
(713) 435-2219
ir@whitestonereit.com

Frequently Asked Questions

What is the declared dividend for the fourth quarter of 2024?

The monthly cash dividend declared is $0.04125 per share, which totals $0.12375 for the quarter.

When will the dividends be paid?

Dividends will be paid on October 10, November 14, and December 12 for each respective month.

Where does Whitestone REIT operate?

Whitestone REIT operates in dynamic markets such as Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio.

What types of tenants does Whitestone REIT focus on?

The focus is on service-oriented businesses, including restaurants, fitness centers, financial services, educational institutions, and entertainment venues.

How can I contact Whitestone REIT for investor inquiries?

Investors can reach out to David Mordy, the Director of Investor Relations, at (713) 435-2219 or via email at ir@whitestonereit.com.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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